Interest rates are arising

By
Real Estate Agent with Atlanta Communities 303302

I was looking at this mailer from 2017 and noticed that I mentioned rates going up. Well, we are back to that again. After enjoying historically low rates for the past years, they look to be on the rise again.

Rates are still low, but everytime they tick up, mortgages get just a bit more expensive. The year I purchased my first home rates were at 13.75 percent. If you wanted a home that's just what you had to deal with.

While we aren't anywhere close to those high rates, if you are looking to buy in the near future, get with a loan officer soon. Rates will be ticking up all year so the sooner you get locked in the better.

 

Posted by

Peter den Boer, Associate Broker, Realtor

Atlanta Communities Real estate Brokerage

 

Ph. 770.713.1545

www.denboerhomes.com

 

I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.

Comments (4)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Peter and thank you for the great information to share with us here in the Rain.  Make it a great day!

Jan 26, 2022 11:04 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Peter - people adapt to change in all sorts of ways. When it involves a real estate move in your area of Atlanta, you have the local knowledge to ably assist them.  

Jan 27, 2022 04:45 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is a very cute scene and I am sure this postcard is one that people would stop and read.

Jan 27, 2022 05:28 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Smart consumers are definitely anxious to take advantage of the current very attractive mortgage interest rates.

Twosday | Etsy

Feb 22, 2022 07:09 AM